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The chief executive of British Land, owner of the 'Cheesegrater' skyscraper in the City of London, has brushed off suggestions that the business is suffering a slowdown, as shares fell 1.6pc this morning.

Chris Grigg, who has been chief executive of the company since 2009, said British Land's resilience and strong financial performance meant it was well placed to weather short-term uncertainty caused by the upcoming European Union referendum.

He pointed to what he called "strong occupational metrics" - the fact that British Land has a number of long-term tenants in its buildings and that 99pc of its space is leased - as a reason why performance should continue to be strong.